SJC gold and ring gold prices reversed for the second time as of noon on November 14.

Accordingly, the world gold price today, November 14, on the Asian market opened at 4,189.7 USD/ounce, down 2 USD/ounce compared to the same time yesterday.

After 3 hours of trading, at 12:00 (Hanoi time), the spot gold price increased again to 4,202 USD/ounce, up 13 USD/ounce compared to the opening of the trading session.

A surprising development in the financial markets is that the price of gold did not weaken when the US government reopened after many days of stagnation. Instead of falling, the price of gold continued to be chosen as a safe haven. Concerns about long-term economic factors are causing investors to prioritize asset preservation, thereby keeping the price of gold anchored at a higher level than expected.

Despite the stabilization of government activities, cautious sentiment prevailed across the market. Gold prices maintained a steady momentum as investors' demand for protection continued to increase.

In the short term, easing US-China tensions and a more stable economic environment could slow the rise in gold prices. However, analysts still believe that the medium- and long-term outlook for gold prices remains positive. The trend of seeking safe assets, combined with the unpredictable geopolitical context, creates a solid foundation for gold prices to maintain their appeal.

In the domestic market, the price of SJC gold recorded at DOJI, SJC, PNJ, Ngoc Tham at 9:00 am this morning, November 14, buying - selling at 151.1 - 153.1 million VND/tael, a sharp decrease of 1.4 million VND/tael in both directions compared to the closing price yesterday, November 13.

At 12:00 noon today, SJC gold price at DOJI, SJC, PNJ, Ngoc Tham reversed for the second time to buy and sell at 151.7 - 153.7 million VND/tael; increased again by 600 thousand VND/tael in both directions compared to this morning.

At 9:00 a.m. this morning, November 14, the gold price at BTMC and Mi Hong stores was listed at 151.6 - 153.1 million VND/tael for buying and selling, a sharp decrease of 1.4 million VND/tael in both directions compared to the closing price yesterday, November 13.

At 12:00 noon today, SJC gold price at BTMC, Mi Hong reversed for the second time to buy and sell at 152.2 - 153.7 million VND/tael; increased again by 600 thousand VND/tael in both directions compared to this morning.

Similarly, the price of gold bars at Phu Quy Jewelry Group listed the buying and selling price at 9:00 this morning at 150.1 - 153.1 million VND/tael, a sharp decrease of 1.4 million VND/tael in both directions compared to the closing price yesterday, November 13.

At 12:00 noon today, the gold price reversed for the second time to buy and sell at 150.7 - 153.7 million VND/tael; increasing again by 600 thousand VND/tael in both directions compared to this morning.

For gold rings, at 9:00 a.m., the price of Hung Thinh Vuong 9999 gold rings of Doji Group was listed at 149.5 million VND/tael for buying and 152.5 million VND/tael for selling. Compared to the previous session, the price of Hung Thinh Vuong 9999 gold rings decreased by 1 million VND/tael for both buying and selling.

At 12:00, the price of Hung Thinh Vuong 9999 gold rings of Doji Group was listed at 149.8 - 152.8 million VND/tael for buying and selling, an increase of 300 thousand VND/tael in both directions compared to early this morning.

Meanwhile, at Bao Tin Minh Chau Company, the listed price of Rong Thang Long round gold rings at 9:00 am was 150.5 - 153.5 million VND/tael, down 1 million VND/tael in both buying and selling directions compared to yesterday.

As of noon today, the price of Rong Thang Long round gold rings was listed for buying and selling at 150.9 - 153.9 million VND/tael, an increase of 400 thousand VND/tael in both directions compared to early this morning.

Meanwhile, the price of Phu Quy 999.9 round gold rings of Phu Quy Gold and Gemstone Group is listed at 149.8 - 152.8 million VND/tael. Compared to the closing price on November 13, the price of Phu Quy 999.9 round gold rings decreased by 1.4 million VND/tael in both buying and selling directions.

At noon, Phu Quy round gold ring price was listed at 150.4 - 153.4 million VND/tael, an increase of 600 thousand VND/tael in both directions compared to the morning.

At Bao Tin Manh Hai, the price of Kim Gia Bao gold rings is listed for buying and selling at 150.3 - 153.3 million VND/tael. Compared to yesterday, the price of Kim Gia Bao gold rings decreased by 1.2 million VND/tael in both buying and selling directions.

By noon, the price of Kim Gia Bao gold rings reversed for the second time, bringing the buying and selling price to 150.9 - 153.9 million VND/tael, an increase of 600 thousand VND/tael in both directions compared to the morning.